Ending Homelessness: How Banks Can Finance Permanent Supportive Housing

This joint webinar co-hosted by the Office of the Comptroller of the Currency and the U.S. Interagency Council on Homelessness provided an overview of bank financing of permanent supportive housing for people experiencing homelessness. The speakers provided background information on the characteristics of homelessness especially chronic homelessness and its high cost to communities around the country. They addressed how banks can finance more permanent supportive housing by investing in low-income housing tax credits and investing in pre-development loan pools. Speakers also addressed CRA consideration for bankers providing financing to developers of permanent supportive housing.

Speakers:
U.S. Interagency Council of Homelessness’ Executive Director Barbara Poppe
Office of the Comptroller of the Currency’s Deputy Comptroller for Community Affairs Barry Wides
Corporation for Supportive Housing’s President and CEO Deborah De Santis
Managing Director at the Huntington National Bank Joseph Molnar

You may watch the video or download the presentation from the asset box on the right.

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